Financial Competence for College Students One of the reasons the masses have lost financial hope is because of a lack of a proper education. Students don’t know how to manage these funds effectively and now groups like the Student Credit Card Education Initiative (SCCE), are helping to educate students on the financial issues that matter to them the most. (The Huffington Post)

Earthquake rocks East Coast campuses At Virginia Tech, an engineering college communications coordinator thought a construction crane had hit the building. At George Washington University, a student thought a nearby building was being demolished. Another thought an underground train was passing. (The Washington Post)

College Dropouts Cost The Government Billions Of Dollars According to a new study, college dropouts can be surprisingly costly. The American Institutes for Research surveyed 1.1 million incoming college students in 2002 who were set on graduating school. After 6 years, almost 500,000 dropped out, costing the governement 4.5 billion dollars of lost tax revenue and potential income. (The Huffington Post)

About the blogger

Alex Friedrich reports on higher education issues for MPR News. Among the stories he has covered: the fall of the Berlin Wall, aftermath of Hurricane Katrina, collapse of the I-35W bridge in Minneapolis, 2003 Moscow suicide bombing and 2004 presidential elections in the Republic of Georgia. He holds a bachelor’s degree in journalism from the University of Georgia and a master’s in European political economy from the London School of Economics.